Mention the factors of treating IT industries?
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Factors responsible for the growth of IT industries are the high demand, low operational cost, skilled and semi-skilled labor, government supportive policies and tax benefits provided.
Explanation:
- IT industries are referred to as Sunrise industries which are emerging in the country with large contribution in GDP of the country.
- The employment rate is high.
- Results in emergence of metropolis where employment of large number of people and standard of living is decided.
- IT sector contributes to foreign exchange reserves.
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